Special offer

Government adds Short Sale Program

By
Real Estate Agent with Rhodes & Co Real Estate

Government adds Short Sale program. What do you think?

 

http://www.cyberhomes.com/content/blog/10-03-05/home-affordable-foreclosure-alternative.aspx

 

 

Joanne

 

 

Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Joanne, I'm having a difficult time getting many of my short sales to close........maybe this is why.  They're waiting to see what the government is going to do.

Mar 06, 2010 12:06 PM
Tiffany Torgan
Harcourts Prestige Properties of La Jolla - La Jolla, CA
Featured on HGTV's New Show! How Close Can I Beach

Wow, this is helpful! Thank you I will chack it out!

Mar 06, 2010 12:13 PM
Joanne Crum
Rhodes & Co Real Estate - Southern Pines, NC
Your Ft. Bragg Connection

Hi Kay,

I'm curious,  are you finding that it's certain banks that you are routinely having problems with? It seems as though some short sale packages just float on through, while you feel like you are beating your head against the wall with others.

I'm not sure how well this program will work. There are many requirements that must be met. I guess we'll see.

 

 

Mar 06, 2010 12:59 PM
Joanne Crum
Rhodes & Co Real Estate - Southern Pines, NC
Your Ft. Bragg Connection

Thanks Tiffany! I'm not sure if it will make things better or more complicated.

 

Mar 06, 2010 01:01 PM
Joanne Crum
Rhodes & Co Real Estate - Southern Pines, NC
Your Ft. Bragg Connection

For anyone that works short sales and is on Facebook, I have a recommendation. There are a couple of guys that I met at a convention a couple of weeks ago. They do some serious short sale business.

They have a fan page called Short Sale Power Hour. They do webinars and post some great information on what's going on with the banks. You might want to check them out. I'll post the link below.

 http://www.facebook.com/profile.php?id=1375457416&v=feed#!/shortsalepowerhour?v=wall&ref=ts

Have a great weekend!

Joanne

Mar 06, 2010 01:05 PM
Joanne Crum
Rhodes & Co Real Estate - Southern Pines, NC
Your Ft. Bragg Connection

Another resource that I forgot to mention is

www.theshortsaleguide.com

It's a great place to learn and share information. If you are having trouble with a particular short sale, you may find others that have had the same issues and can give you a suggestion that might help to resolve your issue and get it to the closing table.

Mar 06, 2010 01:11 PM